In the case of Atlas Supply Co of Canada v.Yarmouth Equipment (1991) ,103 NSR (2d) 1 (CA) ,the court considered whether a franchise agreement was unconscionable and therefore unenforceable because financial projections given by the franchisor were overly optimistic.Why did the court find that the contract was unconscionable?
A) because the agreement was illegal
B) because the franchisee and franchisor were in a relationship of good faith
C) because the franchisee acted promptly in seeking to avoid the contract
D) because the franchisor gave misleading financial information and withheld contrary information
Correct Answer:
Verified
Q2: Which of the following would be enforceable
Q5: Which of the following might prove that
Q7: Which of the following situations might give
Q9: Luis believes his contract with ABC Homebuilder's
Q9: While negotiating a commercial agreement,Juan made a
Q12: Which of the following statements accurately reflects
Q13: In what way is a void contract
Q13: The case of Atlas Supply Co.of Canada
Q14: What are the elements of importance emphasized
Q18: Where circumstances surrounding a proposed commercial transaction
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents